A man was killed and then decapitated by two armed attackers Wednesday on a street in Woolwich, located in the southeast section of the London.

The attack, which is being regarded as an Islamist terrorist attack, happened around 2 p.m. local time and witnesses described that the man was first struck by a car and then attacked by two men. The attackers used a large knife and a meat clever to sever the man's head.

Police responding to the attack shot both of the suspected assailants and both of the attackers were taken to local area hospitals, where they are being treated.

CNN affiliate ITN aired a video showing a man with bloody hands and holding a meat cleaver shorlty after the alleged attack occurred. The man is seemingly calm as he explains the reasons behind this horrific crime.

"We swear by almighty Allah we will never stop fighting you," the alleged attacker says in the video.

"The only reasons we killed this man this is because Muslims are dying daily. This British soldier is an eye for an eye a tooth for tooth," the man, who is black and appeared to have a British accent, continued. "We apologize that women had to see this today but in our lands our women have to see the same. You people will never be safe. Remove your government. They don't care about you."

The victim is believed to be an active duty soldier who was based at a nearby barracks, Nick Raynsford, a Member of Parliament, told CNN.

The soldier had apparently been on duty in central London and was returning to the Royal Artillery Barracks in Woolwich when he was attacked, Raynsford added.

To watch the aftermath of the attack, click below. (WARNING: Extremely graphic content. Due to the extreme nature of this video, viewer discretion is advised.)